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HC reserves verdict on bail plea of chit fund company director

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Press Trust of India Cuttack
The Orissa High Court today reserved its verdict after completing hearing on the bail petition of Seashore Companies director Prashant Dash in a chit fund scam case.

Dash was arrested by the Odisha crime branch police from Mumbai in June 2013 for his alleged key role in duping around Rs 1200 crore from hundreds of investors in his company.

The case was listed for final hearing at the court of Justice J P Das and the verdict would be pronounced on a later date.
 

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First Published: Feb 11 2016 | 11:42 PM IST

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